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Big gains for the FTSE 100 on recovery hopes | 5 May 2021

5 May 2021 | 16:36pm StockMarketWire.com - Powered by gains in the mining sector and other areas which will benefit from a reopening of the global economy the FTSE 100 made strong progress on Wednesday, closing the day up 1.7% at 7,039.30. By 4.30pm UK time the S&P 500 had made more modest gains of 0.3% to 4,178.31. Television broadcaster ITV gained 2.2% to 127.1p as it reported a 2% uptick in first-quarter revenue amid an ongoing rebound in the advertising market. ITV said total advertising re...
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UK stocks open flat as investors weigh inflation risks | 9 March 2021

9 March 2021 | 08:37am StockMarketWire.com - UK stocks opened flat on Tuesday as investors weighed the benefits of easy fiscal and monetary policy with the inherent inflation risks, while companies continued to issue a mixed bag of earnings updates. At 0823, the benchmark FTSE 100 index had edged up 1.27 points to 6,720.40. Telecom group Vodafone fell 0.5% to 125.42p on setting a price range for the initial public offering of its Vantage Towers infrastructure business that would value it at bet...
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FTSE 100 sees its advance stall as Nasdaq bounces back | 9 March 2021

9 March 2021 | 16:36pm StockMarketWire.com - The FTSE 100 closed Tuesday with a 0.35% gain to 6,742.96, off its highs for the day but still consolidating Mondays big gains amid improved investor sentiment. In the US the Nasdaq index bounced back sharply as tech stocks returned to favour following the recent sell-off. By 4.30pm UK time the index was up 3.3% to 13,046.50. Investment company Standard Life Aberdeen fell 7.5% to 295.1p as it cut its dividend by a third as full year numbers showed...
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